Texas Lawyer recently released the results of their 2019 New Partners Report, and of the 25 largest firms surveyed in Texas, Thompson Coe topped the chart with the largest 2019 partner class with 13 new partners.
Thompson Coe had a 44 percent increase in new Texas partners from 2018 to 2019 increasing from 9 partners to 13. This year women accounted for 32 percent of new partners and minorities accounted for 23 percent. Thompson Coe had the largest number of female partners with six and tied for most minority partners with three.
"We've been fortunate over the years to be able to attract and retain talented lawyers and this class reflects that success," said Shawn Phelan, Thompson Coe Chairman, who was quoted in the article.
According to the report, "twenty-one of the 25 firms with the most lawyers in Texas made a total of 98 new partners in 2019, compared with 85 partners at 18 of 25 firms in last year's Texas New Partners report. Those 98 new partners include 31 women, which is 32 percent of the total, and 14 minority lawyers, for 14 percent of the 98 lawyers." The overall increase indicates "that Texas firms are bullish on the strength of the Texas economy and the market for legal work."